Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Mon, Dec 20, 2021 - Thu, Dec 23, 2021
Brandbucket Media IPO is a fixed price issue of ₹8.25 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹8.25 crore.
Brandbucket Media IPO bidding started from Dec 20, 2021 and ended on Dec 23, 2021. The allotment for Brandbucket Media IPO was finalized on Dec 28, 2021. The shares got listed on BSE SME on Dec 31, 2021.
Brandbucket Media IPO price is ₹55 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Brandbucket Media IPO RHP for detailed Information.
IPO Open
Mon, Dec 20, 2021
IPO Close
Thu, Dec 23, 2021
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹17.34 Cr
| IPO Date | 20 to 23 Dec, 2021 |
| Listed on | Fri, Dec 31, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,00,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 76,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹0.4180 Cr) |
| Fresh Issue (Ex Market Maker) | 14,24,000 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 14,24,000 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 16,53,000 shares |
| Share Holding Post Issue | 31,53,000 shares |
| BSE Script Code | 543439 |
| ISIN | INE0ILD01014 |
Brandbucket Media IPO comprises a total issue size of 15,00,000 shares. The net offer to the public is 14,24,000 shares, after excluding 76,000 shares allotted on a firm basis. Of the Net offer 7,12,000 (50.00%) allocated to NII 7,12,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,12,000 | 50.00% | 47.47% |
| Retail Shares Offered | 7,12,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 76,000 | 5.07% | |
| Total Shares Offered | 15,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Brandbucket Media & Technology offers online and offline advertising media solution services to customers. Its offerings include digital marketing, ground events, event management, marketing technology services, outdoor media, and print media. Its outdoor media operations are spread across Thane & Mumbai. The business is further engaged in event management activities including planning, organizing, and managing all event activities.
Competitive strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting additional working capital requirements | 2.84 |
| 2 | Funding capital expenditure requirements | 2.71 |
| 3 | General Corporate Purposes | 2.00 |
The Brandbucket Media IPO is subscribed 1.58 times on December 23, 2021 6:31:00 PM (Day 4). The public issue subscribed 1.01 times in the retail category, [.] times in the QIB category, and 2.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.15 | 7,12,000 | 15,28,000 |
| Retail | 1.01 | 7,12,000 | 7,16,000 |
| Total | 1.58 | 14,24,000 | 22,44,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting, and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 0.59 |
| 2 | Advertising and marketing expenses | 0.03 |
| 3 | Printing and stationery expenses, distribution, and postage | 0.03 |
| 4 | ROC, Regulatory and other expenses including Listing Fee | 0.06 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹55.25 |
| Low | ₹52.50 |
| High | ₹55.25 |
| Last Trade | ₹52.50 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Brandbucket Media IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Dec 20, 2021, and closes on Thu, Dec 23, 2021.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Brandbucket Media IPO using UPI as a payment gateway. Zerodha customers can apply in Brandbucket Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Brandbucket Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Brandbucket Media IPO opens on Mon, Dec 20, 2021 and closes on Thu, Dec 23, 2021.
Brandbucket Media IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Brandbucket Media IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Brandbucket Media IPO will be done on Tuesday, December 28, 2021, and the allotted shares will be credited to your demat account by Thu, Dec 30, 2021. Check the Brandbucket Media IPO allotment status.
The Brandbucket Media IPO listing date is on Fri, Dec 31, 2021.
